Foreclosure Counseling

Foreclosure Counseling

The National Foreclosure Mitigation Counseling (NFMC) program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure.

NeighborWorks America distributes grant funds to competitively-selected grantee organizations, which in turn provide the counseling services, either directly or through sub-grantees.

NFMC Program grants also funded foreclosure legal assistance for homeowners and the training of foreclosure counselors. More than 1,700 counseling agencies participate in the program.